Wood Coating Market Growth, Demand and Challenges of the Key Industry Players 2024-32 - PowerPoint PPT Presentation

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Wood Coating Market Growth, Demand and Challenges of the Key Industry Players 2024-32

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According to the latest research report by IMARC Group, The global wood coating market size reached US$ 10.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.14% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Wood Coating Market Growth, Demand and Challenges of the Key Industry Players 2024-32


1
Global Wood Coating Market Research and Forecast
Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Wood Coating Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the global wood coating
    market size reached US 10.5 Billion in 2023.
  • Wood coating refers to a protective layer applied
    on wooden surfaces to improve their durability,
    aesthetics, and resistance to environmental
    factors. It involves various products such as
    varnishes, stains, shellacs, and lacquers that
    penetrate the surface of the wood to offer
    protection from moisture, UV radiation, and wear
    and tear. This coating is designed to retain the
    natural characteristics of the wood while
    extending its lifespan.
  • The choice of wood coating product largely
    depends on the final desired appearance and the
    conditions to which the wood will be exposed.
    Nowadays, wood coating is widely available in a
    broad range of colors and finishes. In recent
    years, wood coating has gained immense popularity
    across the globe as it plays a crucial role in
    interior and exterior design, imparting a more
    sophisticated and finished look to wooden
    surfaces.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/wood-coating-market/req
    uestsample

4
Report Description
  • Global Wood Coating Market Trends
  • The rising demand for furniture and flooring due
    to rapid urbanization and expanding middle-class
    population represents the primary factor driving
    the market growth. In addition, significant
    growth in the construction industry, especially
    in emerging economies such as China, India, and
    Brazil, contributes to a heightened need for wood
    coatings to ensure the longevity and aesthetic
    appeal of wooden structures. Along with this,
    ongoing renovation and refurbishment activities
    of existing residential and commercial properties
    are supporting the market growth. This trend is
    fueled by an increasing consumer focus on
    interior decoration and a significant shift
    toward a more sustainable and eco-friendlier
    lifestyle. Besides this, inflating consumer
    disposable incomes and elevating living standards
    have led to higher expenditure on premium quality
    and designer furniture, thus augmenting market
    growth. Furthermore, recent advancements in
    coating technologies are creating opportunities
    for more durable, efficient, and
    environment-friendly products. The market is also
    witnessing a surge in demand for water-borne and
    UV-cured wood coatings owing to their low
    volatile organic compound (VOC) content and
    superior finish. In line with this, as the
    sustainability trend continues to gain traction,
    the enforcement of stringent regulations by
    governmental bodies across the globe to reduce
    the environmental impact of VOCs is prompting
    manufacturers to innovate and introduce
    eco-friendly wood coatings. Moreover, the surging
    consumer awareness about the benefits of wood
    coatings, such as the extended life of wood
    products and enhanced aesthetics, is further
    anticipated to propel the market growth in the
    coming years.
  • Looking forward, the market value is projected to
    reach US 16.6 Billion by 2032, expanding at a
    CAGR of 5.14 during 2024-2032.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/wood-coating-market

5
Report Segmentation
  • Breakup by Coating Type
  • Stains and Varnishes
  • Shellac Coating
  • Wood Preservatives
  • Water Repellents
  • Others
  • Breakup by Resin Type
  • Acrylic
  • Nitrocellulose
  • Polyester
  • Polyurethane
  • Others
  • Breakup by Formulating Technology
  • Solvent-Borne
  • Water-Borne

6
Report Segmentation
  • UV-Cured
  • Others
  • Breakup by Application
  • Furniture
  • Cabinets
  • Siding
  • Flooring
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • Akzo Nobel N.V.
  • Axalta Coating Systems Ltd.
  • BASF SE
  • Brillux GmbH Company KG
  • Diamond Vogel Paint Company
  • Eastman Chemical Company
  • IVM S.R.L.
  • Kansai Nerolac Paints Limited (Kansai Paint Co.
    Ltd.)
  • Nippon Paint (India) Private Limited
  • PPG Industries Inc.
  • RPM International Inc.
  • Sirca Paints India Limited
  • Stahl Holdings B.V.
  • Teknos Group Oy
  • Valspar Corporation (Sherwin-Williams Company)

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Wood Coating Market 
      5.1    Market Overview    5.2    Market
    Performance    5.3    Impact of COVID-19  5.4
       Market Forecast
  • 6     Market Breakup by Coating Type    6.1   
    Stains and Varnishes        6.1.1 Market
    Trends        6.1.2 Market Forecast    6.2   
    Shellac Coating        6.2.1 Market Trends     
      6.2.2 Market Forecast    6.3    Wood
    Preservatives        6.3.1 Market Trends       
    6.3.2 Market Forecast       

11
Table of Contents
  •     6.4    Water Repellents        6.4.1 Market
    Trends        6.4.2 Market Forecast    6.5   
    Others        6.5.1 Market Trends        6.5.2
    Market Forecast7    Market Breakup by Resin
    Type    7.1    Acrylic        7.1.1 Market
    Trends        7.1.2 Market Forecast    7.2   
    Nitrocellulose        7.2.1 Market Trends     
      7.2.2 Market Forecast    7.3    Polyester   
        7.3.1 Market Trends        7.3.2 Market
    Forecast    7.4    Polyurethane        7.4.1
    Market Trends        7.4.2 Market Forecast   
    7.5    Others        7.5.1 Market Trends       
    7.5.2 Market Forecast8    Market Breakup by
    Formulating Technology    8.1    Solvent-Borne 
          8.1.1 Market Trends        8.1.2 Market
    Forecast
  •     8.2    Water-Borne        8.2.1 Market
    Trends        8.2.2 Market Forecast
  • For more information, visit https//www.imarcgrou
    p.com/wood-coating-market/toc

12
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

13
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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